Pelangio Exploration (CVE:PX) Sets New 1-Year High – Here’s Why

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s stock price reached a new 52-week high on Friday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 4000 shares. The stock had previously closed at C$0.03.

Pelangio Exploration Price Performance

The stock has a market cap of C$5.99 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. The company has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03.

About Pelangio Exploration

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Pelangio Exploration Inc, a mineral exploration company, engages in acquiring, exploring, and developing mineral properties. It holds interests in various gold properties in Ghana and Canada. The company was incorporated in 2008 and is headquartered in Toronto, Canada.

Further Reading

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